Nihon EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nihon EnterpriseLtd has a total shareholder equity of ¥4.9B and total debt of ¥155.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ¥5.7B and ¥817.0M respectively. Nihon EnterpriseLtd's EBIT is ¥220.0M making its interest coverage ratio -31.4. It has cash and short-term investments of ¥4.1B.
Key information
3.1%
Debt to equity ratio
JP¥155.00m
Debt
| Interest coverage ratio | -31.4x |
| Cash | JP¥4.06b |
| Equity | JP¥4.93b |
| Total liabilities | JP¥817.00m |
| Total assets | JP¥5.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4829's short term assets (¥4.9B) exceed its short term liabilities (¥600.0M).
Long Term Liabilities: 4829's short term assets (¥4.9B) exceed its long term liabilities (¥217.0M).
Debt to Equity History and Analysis
Debt Level: 4829 has more cash than its total debt.
Reducing Debt: 4829's debt to equity ratio has reduced from 5.2% to 3.1% over the past 5 years.
Debt Coverage: 4829's debt is well covered by operating cash flow (175.5%).
Interest Coverage: 4829 earns more interest than it pays, so coverage of interest payments is not a concern.